Schwab MoneyWise: Tools and Resources: Financial Fitness Quiz

01

I have enough money every month to pay my bills.

Always Usually Sometimes Never

02

I keep good records of important documents (e.g., tax forms, insurance policies and financial documents).

Always Usually Sometimes Never

03

I have money set aside for an emergency (for example, if my car breaks down).

Always Usually Sometimes Never

04

I have money set aside to cover at least a few months of living expenses if I lose my job or become disabled.

Always Usually Sometimes Never

05

I pay close attention to my financial statements.

Always Usually Sometimes Never

06

Part of my income automatically goes to savings.

Always Usually Sometimes Never

07

I contribute to a retirement account.

Always Usually Sometimes Never

08

I pay off my credit card(s) in full every month.

Always Usually Sometimes Never

09

I know how much debt I have, including credit cards, mortgage, car loan, student loans, etc.

Always Usually Sometimes Never

10

My debt is manageable for me.

Always Usually Sometimes Never

11

I have a good system for tracking my spending.

Yes No

12

When it comes to investing, I understand how to diversify my money.

Yes No

13

I have health insurance to cover my medical expenses.

Yes No

14

I've reviewed my credit report within the last 12 months.

Yes No

15

I have an up-to-date will.

Yes No

16

I have insurance to cover me if I become disabled and can’t work.

Yes No

17

I know how much of my money goes to taxes.

Yes No

18

How old are you?

20s 30s 40s 50s 60s+